US EditionEU Ready to Negotiate, Offers to Scrap Tariffs on Industrial Goods, Says Chief
- The European Union has offered the United States a zero-for-zero tariff deal on industrial goods to ease trade tensions, announced by European Commission President Ursula von der Leyen.
- This proposal follows recent U.S. Tariff increases under President Donald Trump, affecting €380 billion worth of EU exports to the U.S.
- The EU is preparing retaliatory tariffs on U.S. Products, potentially targeting €6 billion in imports, while also consulting on additional goods worth €18 billion for further measures.
- Finnish Foreign Minister Elina Valtonen stated that zero tariffs should be the goal in ongoing negotiations with the U.S.
302 Articles
302 Articles
Italian FM points out the objective of zero tariffs with the US
“Our goal is zero reciprocal tariffs,” said Tajani in an interview with the newspaper La Nazione, also published on the official website of the Italian Foreign Ministry, and also referred to ‘the prospect of having a large transatlantic market, something that was already being talked about a decade ago’. The Italian Minister stated that, in this way, it will be possible to ‘make the West a great opportunity for all those who take the path’, and …
As US President Donald Trump imposes tariffs on countries, Europe is sending a clear message that it is ready to negotiate and talk, says MEP Virginijus Sinkevičius. Nevertheless, the question of what the US is seeking with the tariffs remains unanswered. "I'm afraid there is a bit of an ideological bias against the EU here," the MEP comments.
“The challenge to be explored, on the other hand, is the one that Italy was among the first nations to promote, and which President von der Leyen also reiterated yesterday, namely the possibility of eliminating mutual duties on existing industrial products with the formula 'zero by zero'”
The Minister of Finance visited the Hofburg for a working meeting with the head of state Alexander van der Bellen, who highlighted the importance of the "Transatlantic Axis" for Europe.
Customs conflict - China calls Trump's threat a mistake - Finland and Sweden for Mercosur agreements
China has reaffirmed its tough stance towards the US. The threat of even higher tariffs on Chinese goods once again demonstrates the blackmailing nature of the US, the Department of Commerce in Beijing announced. EU Commission President von der Leyen called on China to negotiate with Washington. Finland and Sweden advocated a rapid application of the planned Mercosur Free Trade Agreement.
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